Skrill is a financial platform available to clients with residence in Ukraine. It provides transfer payment, shopping and money transfer services. An Online Account with Skrill, in essence, works very similarly to a bank account, allowing you:
- You can receive money.
- With Skrill, you can transfer money in a fast and straightforward way
- You can pay for products and services online.
These types of accounts are known as e-wallets or electronic wallets.
Skrill offers such services to thier clients in Ukraine:
- Online Shopping and Payments.
- Instant Money Transfers to almost every destination in the world [even to bank accounts] for free.
Skrill is a platform widely used by those who operate, work, invest, bet or need to transfer money. It could be a bank account in different countries regularly over the internet.
Registration is free, and you complete it 100% online.
Service Cases of a Skrill Account For Ukraine
If the Skrill account works with almost all the features of a traditional bank account and I have a conventional bank account, why do I need an Online account with a company like Skrill?
So, this reasoning is valid; however, specific use cases may be unique and make life easier for a Skrill customer and their family environment.
- If you live in a country like Ukraine with some capital restrictions or where international bank transfers are costly.
- Suppose your two family members have Skrill accounts, and one of them goes on holiday and suffers a sudden accident and requires money quickly. In that case, the other family member can send money online instantly.
- Suppose you require an account in a different currency offered by your local bank. Skrill allows accounts in US Dollars, Euros, Pounds Sterling, among many others.
- Further, if you need to send money regularly to your relatives while living in a foreign country.
- If a cryptocurrency trader needs to deposit and withdraw funds from his trading account.
- Moreover, Skrill is a much safer option than a traditional bank account if you make regular online purchases.
How Does Skrill Work?
- Download Skrill’s App on the phone: Skrill will request personal information to open the account.
- Deposit Money: Skrill allows deposits with Credit Cards, bank transfers, and other payment processors such as Neteller, Paysafe, or even Bitcoin.
- Receive money from other Skrill accounts or online services (Trading Platforms, Casinos, Payment Services, Shopping) that allow Skrill transfers. Also, people or online companies can transfer money to the Skrill account simply and almost instantaneously.
- Make Payments and Purchases: Through Skrill Rapid Transfer, which works as an online account, you can also use it for online purchases.
- Low-Cost transfers. Once the account is credited you may transfer money locally or internationally at a low cost. Also, some transfers are free, depending on where the money you want to transfer. For this reason, it is a service widely used by ex-pats to manage money.
Skrill’s Advantages
- Transactions between Skrill accounts are instantaneous. If two users have a Skrill account and one transfers money to the other like in Ukraine, the latter has it available to spend or withdraw instantly.
- Transactions between Skrill accounts are free.
- Transfers to some Bank accounts are free.
- Receiving money from a massive list of vendors is free.
